TVS Motor Company reported its highest-ever annual revenue and sales performance for the financial year 2025-26, driven by strong growth across motorcycles, scooters, electric vehicles, and three-wheelers.
The company posted a 30% rise in revenue to Rs. 47,270 crore in FY26, compared to Rs. 36,251 crore in the previous fiscal year. Operating profit before tax (PBT) grew 40% to Rs. 4,975 crore, while operating EBITDA margin improved by 60 basis points to 12.9%.
TVS Motor achieved record overall sales of 58.89 lakh two-wheelers and three-wheelers during FY26, marking a 24% increase from 47.44 lakh units sold in FY25. Motorcycle sales climbed 24% to 27.13 lakh units, while scooter sales rose 27% to 24.13 lakh units.
Electric vehicle sales continued to gain momentum, growing 33% year-on-year to 3.71 lakh units. The company stated that it now serves more than nine lakh EV customers in India. Three-wheeler sales surged 63% to 2.19 lakh units during the financial year.
For the fourth quarter ended March 2026, TVS Motor reported its highest-ever quarterly revenue of Rs. 12,808 crore. The company’s operating EBITDA margin stood at 13.1%, compared to a normalized EBITDA margin of 12.5% in the same quarter last year.
Quarterly sales also recorded strong growth. Total two-wheeler and three-wheeler sales rose 28% to 15.60 lakh units in Q4 FY26. Motorcycle sales increased 23% to 6.93 lakh units, while scooter sales jumped 32% to 6.60 lakh units.
Electric vehicle sales during the quarter rose sharply by 51% to 1.15 lakh units, reflecting increasing consumer adoption of EV mobility solutions. Three-wheeler sales grew 65% to 60,000 units during the quarter.
During the year, the company’s board declared an interim dividend of Rs. 12 per equity share, amounting to a payout of Rs. 570 crore. TVS Motor also issued four fully paid bonus non-convertible redeemable preference shares for every equity share held, aggregating Rs. 1,900 crore.
TVS Motor Company said the growth was supported by strong domestic demand, expanding international business, and rising traction in the electric mobility segment led by products such as the TVS iQube.
